Tuesday, September 7, 2010

BBC article on UK Graduate Numbers.

The article addresses the coming public services cuts.
Here is a quote from the article:

Lack of placesTaxpayers benefit from investing in higher education, says the OECD. Even though the government subsidises students, this is outweighed by the increased revenue from higher tax from better-paid jobs.The OECD says that in the UK each extra graduate brings $89,000 (£58,000) to the taxpayer over a working life.

Sadly, it looks like funding for UK Universities is not ring fenced from government cuts.

People are very keen for their offspring to get a good University education. The demand is there. Foreign students coming to the UK may well find getting a visa to study is difficult.

I imagine good quality UK institutions will be more willing to embark on joint enterprises with ethical good quality partners.

From the perspective of Motorsport University Malaysia this could actually be a good thing.

Sadly, for British Universities generally things are not improving.

Another quote from the BBC article:

Wendy Piatt, director general of the Russell Group of leading universities, warned that other countries would benefit if the UK cut spending."While our universities are bracing themselves for a period of austerity and uncertainty, other nations are rightly pumping billions of dollars into their institutions at this key time before the world economy picks up," said Dr Piatt.